WASHINGTON The U.S. Justice Department said on Tuesday that it had charged a former Apple Inc engineer with

Netflix Inc. is bringing its crackdown on account sharing to the US. The service on Tuesday outlined procedures

Thomson Reuters Corporation said on Monday it had agreed to acquire Casetext, a California-based company that provides technology

ATLANTA--(BUSINESS WIRE)--Aug 8, 2023--

LAUSANNE, Switzerland & SAN JOSE, Calif.--(BUSINESS WIRE)--Oct 12, 2023--

Apple’s “My Photo Stream” is set to shut down on July 26, 2023, Apple announced

Elon Musk reportedly took out a $1bn loan from his company SpaceX the same month that he acquired Twitter, now known as X, according to theWall Street Journal. SpaceX approved the loan – which was secured by some of his stock in the company – in October 2022, according to the Journal. That same month, Mr Musk drew all of it down. The SpaceX founder returned the $1bn – with interest – to the company one month later, the Journal reported. It’s unclear why the richest person in the world now and in October 2022, when he took over the social media giant, took out the loan. He bought the social media company for $44bn, which seemed to contribute to him losing that top slot, until he was renamed the world’s richest person in June 2023. The publication also noted that in November 2022, when he repaid the loan, Mr Musk sold $3.95bn in shares in another one of his companies, Tesla. The following month, he sold another $3.58bn in Tesla stock. That year in total, Mr Musk had sold nearly $23bn worth of Tesla stock since April – fuelling speculation that the funds were likely going toward his social media platform acquisition. This isn’t the first time that Mr Musk has taken out money from one of his ventures to aid another. In 2009, Mr Musk reportedly borrowed $20m from SpaceX to support Tesla. More recently, in 2015 and 2016, SpaceX poured $330m in bonds into his solar panel company SolarCity. Tesla ended up acquiring SolarCity in 2016. SpaceX has recently come under fire, as the Justice Department sued the company last month for alleged hiring discrimination practices. SpaceX’s “discriminatory hiring practices were routine, widespread, and longstanding, and harmed asylees and refugees,” the filing stated. The Independent has reached out to SpaceX for comment. Read More Starship ‘ready to launch’, Elon Musk says Elon Musk calls Burning Man ‘best art on Earth’ amid chaos that saw thousands stranded and one dead Elon Musk vows to sue ADL for calling him antisemitic after he promoted antisemitic campaign on X

In the week that it was announced that Rishi Sunak will be granting new oil and gas licences in the North Sea, new commitments to renewable energy are being made elsewhere in the world. The China Three Gorges Corporation just turned on a mega wind turbine with blades twice the size of a football pitch in the Taiwan Strait. The state-owned energy firm has activated the biggest wind turbine on the planet offshore in a move which could produce up to 16 megawatts of energy, and it’s now been connected and hooked up to the energy grid. The MySE 16-260 turbine stands at an incredible 500ft (152m) tall and it could power thousands of homes every year. Sign up to our free Indy100 weekly newsletter In fact, it’s thought that around 36,000 homes will be served by electricity from the turbine. It’s not surprising given that each blade weighs around 54 tons and covers nearly 540,000 square feet when they rotate. Mingyang Smart Energy is the company that designed the turbine, and they released a message on LinkedIn making clear just how much wind the structure could deal with – stating that it can withstand “extreme wind speeds of 79.8 [meters per second]”. It’s a staggering feat of engineering and it’s thought that the turbine could save around 54,000 tons of carbon dioxide compared to coal power plants. More structures like one are being planned, too. Executive Director Lei Lei Zengjuan told the media: “In the next step, the 16 [megawatt] unit will be applied in batches in the second phase of the Zhangpu Liuao Offshore Wind Farm Project constructed by China Three Gorges Corporation.” It comes a few weeks after work was stopped on one of the UK’s largest offshore wind farms after its developer said that the cost of the project had soared by so much that it no longer made financial sense to push forward. Swedish energy giant Vattenfall, one of Europe’s biggest wind producers, shut down work on the development of the Norfolk Boreas site. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

For professionals and beginners alike, personal computers and graphics software have forever changed the way

The digital asset industry, already in turmoil, now faces a full-fledged battle with regulators.

By Medha Singh and Chibuike Oguh (Reuters) -Shares of Tupperware Brands Corp, Yellow Corp and other U.S. companies have soared

Alyssa Henry, the CEO of Square -- a unit of Jack Dorsey's fintech company, Block -- will leave her post at the company next month.